LPL Financial Adds Former Kestra Team to its RIA and IBD Platforms
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Regal Wealth Advisors to its broker-dealer and corporate registered investment advisor platforms.
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Regal Wealth Advisors to its broker-dealer and corporate registered investment advisor platforms. Regal joins from Kestra Financial and manages approximately $350 million of client brokerage, advisory and retirement plan assets.
Regal Wealth Advisors consists of four financial advisors: Michael McCarthy, Andrew Pincus, Gregg Gottlieb and Fred DaVeiga, each holding the CFP certification and having 20-plus years of experience. They operate from three states, New Jersey, South Carolina and Florida, and primarily serve multi-generational families.
“We often coordinate with our clients’ attorneys and accountants and consider ourselves financial stewards or quarterbacks,” said Pincus. “Our mission is to help clients achieve their individual and family goals.”
LPL Financial provides service to approximately $681 billion in brokerage and advisory assets as of the third quarter of 2018. The company provides proprietary technology, comprehensive clearing services, practice management programs and training, and independent research to more than 16,000 financial advisors and 700 financial institutions.
